Illegal Ron Paul Currency Seized [more deatils, re: the ongoing "Liberty Dollar" follies]

CNN.com ^ | 11/16/2007 | Staff

[KentTrappedInLiberalSeattle]

EVANSVILLE, Indiana (AP) — Federal agents raided the headquarters of a group that produces illegal currency and puts it in circulation, seizing gold, silver and two tons of copper coins featuring Republican presidential candidate Ron Paul.

Agents also took records, computers and froze the bank accounts at the "Liberty Dollar" headquarters during the Thursday raid, Bernard von NotHaus, founder of the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code, said in a posting on the group's Web site.

The organization, which is critical of the Federal Reserve, has repeatedly clashed with the federal government, which contends that the gold, silver and copper coins it produces are illegal.

[KentTrappedInLiberalSeattle]

Ping! ;)

[ari-freedom]

that’s one problem with gold coins. they are easy to debase and pass off as real money

[MarineBrat]

Stories posted yesterday indicated that this company wasn’t necessarily doing anything illegal. So which way is it? Since the story came from CNN I’ll err on the side of a grain of salt.

[darkwing104]

Wendy Osborne, a spokeswoman for the FBI's Indianapolis office, declined to comment and referred all questions to the U.S. attorney's office for the Western District of North Carolina. Suellen Pierce, a spokeswoman for that office, also declined to comment.

Most likely, this means the investigation is still ongoing. There should be more to this story. We'll have to wait and see.

[Man50D]

In Ron they trust.

[meowmeow]

Does this mean I should quickly burn my Mickey Money from the Magic Kingdom?

[Army Air Corps]

Only if you are trying to pass it off as legit currency.

[DoughtyOne]

A few people pointed out that Ron Paul does not run this business concern. His face may appear on some of the coins, but I don’t think this title is accurate, “Illegal Ron Paul Currency Seized [more deatils, re: the ongoing “Liberty Dollar” follies]”

While I don’t think it was wise of Paul to let them use his likeness on the coins, and he may have received financial remunertion, he wasn’t an official of the company.

I’m not a Paul supporter by any means, but I don’t like the idea of making it look like this was his company.

[KentTrappedInLiberalSeattle]

I don’t think this title is accurate

Free Republic rules are that the complete original title must be used, when posting.

[stephenjohnbanker]

Smart guy....I’m wait and see too!

[Army Air Corps]

The Paulerrand.

[DownInFlames]

Does this mean that I have to turn in my Zoo Dollars.

[DoughtyOne]

True Kent, and that’s why you shouldn’t have taken offense at what I stated. It was a given that you had nothing to do with it.

[KentTrappedInLiberalSeattle]

“Only if you are trying to pass them off as legit currency.” [H/T to Army Air Corps] ;)

[trisham]

bump!

[KentTrappedInLiberalSeattle]

True Kent, and that’s why you shouldn’t have taken offense at what I stated.

Dude: you're reading way, waaaaayyyyy more into a plainly neutral, vanilla response than is even remotely warranted. ;) No "offense," thank you; just figured you might not be aware, is all.

[Don Corleone]

We had all better learn to make our own money (a la moonshine)because if the Lib/Socialists get into power they will be taking it away faster than we can earn it.

[jrsmc]

Is it any wonder that those who collect gold are paranoid about confiscation ?

PVC pipe capped on both ends and buried to a depth of...

[Hornitos]

No more Daffy Disciple Ducats, eh?